Two-wheeler firms ride past car makers with better sales growth in June

Hero MotoCorp leads the two-wheeler brigade with 13% rise in motorbike sales, 22% in scooters

Two-wheeler makers had a ride different to the car manufacturers in June. Against a double digit decline in sale of passenger vehicles, most two-wheeler makers reported a growth. The June performance is led by country's biggest two-wheeler maker, Hero MotoCorp. Hero, TVS, Royal Enfield and Suzuki have reported a strong double digit growth in sales last month. A price cut from July after GST is expected to expand the market further.

Hero MotoCorp, which sells every third two-wheeler in the country, reported a growth of over 13 per cent in sales. Its motorcycle volume surged 13 per cent to 547,185 units